Wednesday, March 14, 2012

ECN STP DMA Forex Broker Types

Be careful with statements from the broker are not trusted that often provide false and misleading statements about their systems. As they state that they are ECN forex broker type, DMA, or STP types, but the fact that they are applying Dealing Desk airport even worse, it is solely intended to deceive and attract the general public to trade in their place, when in fact they are NOT the ECN , DMA or actual STP. It is therefore VERY IMPORTANT that the role of regulation as a broker or brokerage for SUPERVISORY not arbitrary and did not give any statement that may mislead the public.

Also be alert to the Award and awards that they claim is usually done by illegal brokers & Bucket Shop to attract attention. Example: as the best broker. The award does not guarantee the broker is safe. Also check out from the rating agencies which gave the company. Search in Google about the credibility of the company's rating. Examples of scam forex brokers Prime4x previously also claimed as the "Best Broker? whereas the organization of the rating agency that is not credible, and the proof is in fact a scam broker and carried off the money the customer.

Broker is a combination of types of broker ECN / STP / DMA with Dealing Desk broker types. Hybrid brokers generally have a rule in the throws of the order or by type of account used. If your Lot size, or frequency, or you are under the Equity then you executed on the Dealer, but if the above is to be executed at kinds of STP or ECN, or DMA. Actually it is difficult to know that the broker is including Hybrid-type or not. It is just that you can see by trying it from a reputable broker or under and regulations.



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